REIT Sale | Former Pick ‘n Save Supermarket | 11K VPD | Signalized Entrance

For Sale

2931 South Chicago Avenue, South Milwaukee, WI 53172

This South Milwaukee property for sale is located at 2931 South Chicago Avenue. Contact the listing broker for details on the current sale price for REIT Sale | Former Pick ‘n Save Supermarket | 11K VPD | Signalized Entrance. REIT Sale | Former Pick ‘n Save Supermarket | 11K VPD | Signalized Entrance is situated on a lot that is 6 acre in size.

Contacts

RI Marketplace Marketing

RealINSIGHT Marketplace

Property Details

  • Property Type Retail
  • Property Size 60,196 SF
  • Lot Size 6 Acre
  • Parking Spaces Avail. 249
  • Parking Ratio 4.14 / 1,000 SF
  • Year Built 1967
  • Year Renovated 2005
  • Date Updated Jun 26, 2026

Starting Bid $100,000

 Auctioneer: Lamar P. Fisher

Auctioneer Company: Fisher Auction Company Inc.

Auctioneer License: 2876-52

  • ±60,196 SF Freestanding Retail/Big Box (Former Pick n’ Save Supermarket) Suitable for a Variety of Uses with ±249 Parking Spaces
  • Nearby Demand Drivers: Meijer, Ikea, Aldi, McDonald’s, Chick-fil-A, Walgreens, Dollar Tree, Advance Auto Parts, Dunkin, and more
  • 11,306 VPD Traffic Counts at Signalized Entrance on S Chicago Ave; 5.5-Mi from Milwaukee International Airport; 12-Mi to Downtown
  • Attractive Demographics with Average Annual Household Income of ±$90,332 and Population of 120,416 Individuals (5-Mile)
  • Zoning: C-2 & M-2, Commercial and Manufacturing Districts with a Variety of Permitted Uses

For Tours prior to auction, please email &
**Tours will not be allowed after auction.

Marcus & Millichap and RI Marketplace are pleased to present the opportunity to acquire the fee simple interest in a vacant, free-standing retail property located at 2931 S Chicago Avenue in South Milwaukee, Wisconsin (the “Property”). Formerly occupied by Pick ’n Save, the Property is being offered significantly below replacement cost, presenting investors and owner-users with a compelling opportunity to acquire a highly visible retail asset with substantial repositioning and value-add potential.

Constructed in 1967 and renovated in 2005, the Property consists of a ±60,196-square-foot single-story retail building situated on an expansive ±5.65-acre parcel (±246,357 SF). The site features 249 surface parking spaces, two points of ingress/egress, monument signage, and excellent visibility along S Chicago Avenue (Highway 32), one of South Milwaukee’s primary commercial corridors with ±11,306 vehicles per day (VPD). The Property is positioned at the signalized entrance to Grant Park Plaza, immediately adjacent to a Walgreens-anchored shopping center and a free-standing McDonald’s, benefiting from strong consumer traffic and established retail synergies. Previously occupied by Pick ’n Save through December 2025, the Property presents an immediate lease-up, redevelopment, or owner-user opportunity.  

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 59/100

    Walk Score ®

  • 38/100

    Transit Score ®

  • 40/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City South Milwaukee, WI
  • Neighborhood South Milwaukee
  • Zip Code 53172
  • Market Milwaukee

Points of Interest

  • Taxi Pick-Up

    3.71 miles

  • Historic Third Ward

    9.41 miles

  • Saint Paul at Plankinton

    9.44 miles

  • Lakefront

    9.48 miles

  • Clybourn & Jefferson

    9.48 miles

  • Intermodal Station

    9.54 miles

  • Michigan & Jackson

    9.56 miles

  • Wisconsin Avenue

    9.64 miles

  • City Hall

    9.85 miles

  • Cathedral Square

    9.90 miles

  • Speedway

    0.22 miles

  • BP

    1.11 miles

  • Marathon

    1.92 miles

  • Citgo

    2.09 miles

  • Meijer

    2.53 miles

  • Tesla Supercharger

    2.57 miles

  • Phillips 66

    2.69 miles

  • ChargePoint

    3.84 miles

  • Employee Parking

    2.67 miles

  • Employee Lot

    3.04 miles

  • Truck Lot

    3.13 miles

  • Customer Center Lot

    3.18 miles

  • Surface Parking / Cell Phone Waiting Area

    3.62 miles

  • Taxi Cab Parking

    3.68 miles

  • Observation Area

    3.79 miles

  • Daily/Hourly Parking Garage

    3.81 miles

  • SuperSaver Lot A

    3.94 miles

  • I.A.B. Patron Parking Only

    3.96 miles

  • San Fong

    0.05 miles

  • Cousins Subs

    0.10 miles

  • Toppers Pizza

    0.11 miles

  • McDonald's

    0.12 miles

  • Dunkin'

    0.19 miles

  • Barbiere's Italian Inn

    0.53 miles

  • Bucyrus Club

    0.64 miles

  • Pat's Oak Manor

    0.85 miles

  • De Rango's Pizzeria

    1.08 miles

  • Ferch's Beachside Grille

    1.14 miles

  • Pick 'n Save

    0.01 miles

  • ALDI

    0.20 miles

  • Piggly Wiggly

    1.30 miles

  • Walmart Supercenter

    1.72 miles

  • Meijer

    2.62 miles

  • Woodman's Markets

    2.66 miles

  • TJ Maxx

    2.75 miles

  • Al Noor Super Market

    2.76 miles

  • Target

    3.04 miles

  • Kohl's

    3.08 miles

Contact Listing Broker
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.